sell that same bottle online for eight times its original price (not that you would do a thing like that). If
we were to treat the value of this bottle as an investment which is collecting interest compounded monthly,
what would the effective annual interest rate be?
ell that same bottle online for eight times its original price (not that you would do a thing like that). If
we were to treat the value of this bottle as an investment which is collecting interest compounded monthly,
what would the effective annual interest rate be?